UAE’s Yellow Door Energy expands investments in Middle East, Africa

Posted on January 30, 2019

UAE-based leading solar developer Yellow Door Energy, raises US$ 65 mn to expand clean energy investments in the Middle East and Africa. This is one of the Middle East’s largest private placements in distributed solar.

The investment is expected to scale Yellow Door Energy’s energy platform from the Middle East to Africa and Asia, as it aims to build 300 megawatts of solar in the next two years, benefitting hundreds of businesses and the broader economy, the company said.